All Top News Stories of The Week articles
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Hurricane Bill strengthens
Cat 3 hurricane expected to pass northeast of the northern Leeward Islands
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Online onlyWorld insurance premiums reach $4trn - Swiss Re
Emerging market growth fuelled a 3.3% rise in world insurance premium in 2007, according to Swiss Re Sigma
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First Reserve launches Bermudan energy insurer
Torus is supported by a $720m equity funding and will focus on the energy sector
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Online onlyNegative outlook looms for US insurers
S&P expects to revise several insurers to negative in the next six to 12 months due to challenging conditions
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Capital markets hold depth for pandemic risks
Guy Carpenter examines the use of extreme mortality bonds in its briefing "Push Pandemic out of Insurance"
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Hannover Re issues US cat bonds
Property catastrophe risks of a number of US cedants were pooled and transferred to the capital markets
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AIG downgraded as Sullivan departs
AM Best’s expectations for noticeable improvements under new leadership are significant
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Online onlyPowerful quake kills 10 in Japan
The earthquake, measuring 6.8, was located around 51 miles south-west of Morioka in on Honshu Islan
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AIG ousts Sullivan; names new CEO
Chairman Robert Willumstad will "lead AIG through today's turbulent markets"
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Kroll founder leaves MMC
Jules Kroll will retire from MMC in July after 35 years to focus on higher education
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S&P: 2008 will test global multi-line insurers
Intense competition and volatile capital markets will make it difficult to achieve top-line growth and profitability
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PPPs a good solution as cat losses rise - Swiss Re
Public private initiatives could ease the burden on poorer nations as climate change and population growth see losses rise
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Online onlyXL approved as admitted reinsurer in Brazil
XL Re Latin America will operate in both Rio de Janeiro and Sao Paulo; local reinsurer status pending
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Pacific LifeCorp to buy Scottish Re for $71.2m
The new operation will be called Pacific Life Re; Sale is a "positive outcome" for Scottish Re says CEO Zippel
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UIB opens reinsurance broker in Brazil
UIB is registered to operate as a reinsurance broker to Brazil’s IRB Brasil Resseguros
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Nelson Re issues $180m of cat bonds
Bonds protects Glacier Re against US hurricane, US earthquake and European windstorm peril losses
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Gen Re opens life/health branch in India
Gen Re sees "excellent and sustainable business opportunities" in the Indian market
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SCOR Global Life plans further expansion
Converium contributes to growth as reinsurer plans to increase its presence in Russia, Israel, Brazil and Asia
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Online onlyGreenberg denies wrongdoing in finite deal
Former AIG boss Hank Greenberg is being investigated by the SEC for a second deal
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Marsh & McLennan CFO resigns
Matthew Bartley will remain with MMC "to help ensure an orderly transition to his successor"
